Chapter 5

Reeling in the Dough

IN THIS CHAPTER

check Recording and printing sales receipts

check Discovering special tips for retailers

check Fixing sales receipt mistakes

check Recording customer payments

check Correcting mistakes in recording customer payments

check Making deposits

check Tracking customer open invoices and collections

check Assessing finance charges

You need to record the amounts that customers pay you when they fork over cash, at the time of a sale or after you invoice them. In this chapter, I describe how to record these payments. I also explain how to make bank deposits, track the amounts that customers owe and pay, and assess finance charges.

If you’ve been using QuickBooks to prepare customer invoices, you’re ...

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